JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a ribbon-cutting ceremony. The firm has roughly 5,000 branches, the most of any American bank, according to Federal ...
On Thursday (July 31) Statistics Canada released gross domestic product figures for May. The data shows the Canadian economy shrank for the second month in a row, edging down by 0.1 percent. The decline was headlined by decreases in the resource sector, which posted a 1 percent contraction, led by a 2.1 fall in the mining and quarrying subsector. Oil ...
The stock market’s momentum from earlier this week, which saw the S&P 500 (INDEXSP:.INX) and the Nasdaq Composite (INDEXNASDAQ:.IXIC) reach new record highs, came to a halt on Friday (August 1). Investors were reacting to a series of mixed tech earnings reports. Many were accompanied by cautious forward-looking guidance despite strong top-line numbers. This sentiment was further soured by fresh ...
SharpLink Gaming continues to accumulate more ETH for its Ethereum treasury. This time, the company has taken advantage of the current crypto market correction to snap up just over $100 million in ETH, a move that could help lower the average cost price for its total holdings. SharpLink Gaming Adds Over $100 Million ETH To The post SharpLink Buys the ...
August is packed with pivotal crypto events that can significantly impact the trajectory of the entire market. Although the first two days of the month had a slightly bearish tone, with massive liquidation on the late July and early August events, seasoned traders are anticipating better results. However, that entirely depends on the events and The post Upcoming Crypto Events ...
BitMEX co-founder Arthur Hayes has moved to liquidate over $13.35 million in digital assets during the latest market downturn. This surprise move included massive sell-offs in Ethereum, PEPE, and ENA tokens. Arthur Hayes Sells Amid Broad Market Volatilty Lookonchain data highlighted that BitMEX’s Arthur Hayes has sold about $13.35 million worth of crypto assets in The post Arthur Hayes Talks ...
Ripple’s Chief Technology Officer, David Schwartz, has unveiled a personal plan to boost the XRPL’s infrastructure. Meanwhile, the ledger has surged in network activity, hitting 70M transactions in July. Ripple CTO Shares XRPL Upgrade Proposal In a recent X post, David Schwartz revealed that he plans to deploy a new high-performance XRPL server. The Ripple The post Ripple CTO Proposes ...
In a startling reunion brought about by injuries to their infield, the Houston Astros have agreed to bring back Carlos Correa, their 2015 Rookie Of the Year, 2017 World Series champion and three-time All-Star, the Astros announced July 31. USA TODAY Sports reported a day before the deadline that the Astros had interest in bringing Correa back from the Minnesota ...
The NFL returned tonight. The Los Angeles Chargers kicked off the NFL’s Hall of Fame induction weekend with a resounding preseason win over the Detroit Lions. The Chargers put together an all-around dominant performance in their 34-7 win over the Lions. Their defense and special teams forced five turnovers, leading to 17 points, while Trey Lance put together a strong showing as ...
Former SEC lawyer Marc Fagel has clarified that Ripple’s $125M penalty in the XRP lawsuit case still remains held in escrow. He made this statement in response to claims suggesting the payment had already been sent to the U.S. Treasury. Lawyer Says Ripple’s Payment Paid, But Still Waiting in Escrow Former SEC attorney Marc Fagel The post XRP Lawsuit Update: ...
The crypto market is experiencing significant turmoil as US President Donald Trump has imposed sweeping tariffs on major trading partners, including Canada, Mexico, and China. Amid this escalating Trump tariff war, the crypto market crashes with over $570 million in long positions liquidated. Trade War Escalates Worldwide As Trump Releases New Tariffs According to the The post Trump Tariffs: Crypto ...